USDJPY dips below 200 hour MA on report but bounces - ConsultFX

USDJPY dips below 200 hour MA on report but bounces

Will keep the Fed in play of course For the USDJPY, the price moved lower on the headlines and dipped below the 200 hour MA at 110.468.  The low reached 110.412.  US yields are lower. The 2 year is down -1.6 bps. The 10 year is also down -1.6 bps.